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An announcement from Road King Infrastructure ( (HK:1098) ) is now available.
Road King Infrastructure Limited announced that a majority of noteholders have voted in favor of proposed amendments and waivers for its senior notes due between 2028 and 2030. However, feedback from minority holders has led the company to reconsider the terms and delay tabling the resolutions. The company plans to launch a new consent solicitation process with revised terms and aims to address the concerns of all stakeholders, ensuring equitable treatment and timely updates.
More about Road King Infrastructure
Road King Infrastructure Limited is a company incorporated in Bermuda with limited liability, primarily engaged in infrastructure development and management. The company focuses on providing infrastructure services and is listed on the Hong Kong Stock Exchange.
YTD Price Performance: -22.81%
Average Trading Volume: 161,814
Technical Sentiment Signal: Sell
Current Market Cap: HK$659.4M
For an in-depth examination of 1098 stock, go to TipRanks’ Overview page.